RP anti poverty plan not working

February 3, 2009  
Written by News Team, in Philippine News

The World Bank said the Philippines remained weak in terms of spreading the benefits of economic growth from richer cities to other parts of the country, urging authorities to implement measures that will address such a setback in poverty-reduction efforts. In its 2009 World Development Report, the foreign lender said that in the Philippines and other middle income countries, economic development is highly concentrated in few urbanized areas. To make rural communities contribute more to economic growth, the developmental bank said, appropriate policies and equitable public investments should be made.
“Economic activities will remain concentrated in few cities, but policymakers could ensure convergence of living standards across the country through carefully designed policy and public investments in social services like health, education, housing, and social protection in both urban and rural areas,” said Indermit Gill, director of the World Development Report and World Bank’s chief economist for Europe and Central Asia.

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